Downloading...
Download

Rlusd

XRP LONG TO ATHs! Ripple XRPUSD RLUSD XRP is Bullish to $4 at the very minimum. We successfully completed our retrace down to $1.95 to the dot. Expecting that to be our final support area and to start seeing consolidation, and upwards momentum. Media hype hasn't started yet, BTC is losing market dominance similar to 2017 2018. We are on the verge of another Diamond Hands bull run. Make sure to take some profits when emotions are hitting super dopamine levels of euphoria. The final pump happens fast and retraces even faster. The volatility will be insane. Well keep tabs on this as the weeks go by. Good luck you beauties!
BITFINEX:XRPUSDLong
by Schploop
Phemex Analysis #71: Pro Tips for Trading Ripple (XRP)Ripple ( PHEMEX:XRPUSDT.P )has seen significant developments with the launch of its US dollar-backed stable coin, RLUSD (launched in December 2024), integrated into its Ripple Payments platform to improve cross-border enterprise transactions. The stable coin, regulated by the NYDFS, has experienced substantial growth, approaching a $250 million market cap and nearly $10 billion in trading volume, exceeding Ripple's projections. RLUSD is increasingly used as collateral in both crypto and traditional finance markets, and NGOs are exploring its use for donations. Despite the positive developments surrounding RLUSD, XRP's price has failed to hold above the $1.76 support level. XRP recently dropped to a low of $1.61 due to US tariff news that pushed the broader market downwards. Today, we will explore several possible scenarios for XRP's price action in the coming days to identify potential profit opportunities in this uncertain market. Possible Scenarios. 1. Bearish Breakdown Below Support: If XRP breaks decisively below the $1.61 support level with significant volume, it could signal a continuation of the bearish trend. Pro Tips: Consider shorting XRP on a confirmed break below $1.61. Potential support levels to target: $1.43, $1.28, or even $1.05. Place a stop-loss order above a recent swing high (e.g., $1.65) to manage risk. 2. Rebound from Support: The $1.61 level represents a recent low, and a price bounce is possible, especially if broader market sentiment improves. Besides, support levels like $1.43, $1.28, and $1.05 are targets to watch for too. Pro Tips: Watch for bullish reversal patterns around the support level (e.g., increased buying volume, RSI divergence, bullish candlestick patterns). Consider entering a long position on confirmation of a rebound. Potential resistance levels to target: $2.0, $2.17, and $2.45. Place a stop-loss order below the targeted support level to protect against further downside. 3. Consolidation within a Range: XRP might consolidate between the $1.61 support and the $2.0 resistance if market uncertainty persists. Pro Tips: Consider range-bound trading strategies: buying near $1.61 and selling near $2.0. Utilize grid trading bots within this range. Set stop-loss orders outside the range (below $1.60 and above $2.0) to prepare for a potential breakout or breakdown. Conclusion. XRP's price action is currently influenced by both the positive developments surrounding RLUSD and the broader market uncertainty. Traders should remain vigilant and adapt their strategies based on the prevailing market conditions. By carefully monitoring key support and resistance levels, analyzing trading volume and technical indicators, and implementing appropriate risk management measures, traders can position themselves to capitalize on potential opportunities in the XRP market. Whether the price breaks down, rebounds, or consolidates, a disciplined and informed approach is crucial for successful trading. Tips: 🔥 Break free from "buy low, sell high"! Our new Pilot Contract empowers you to profit from ANY market direction on DEX coins with up to 3x leverage. Go long, go short, go further! Check out Phemex - Pilot Contract today! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
XRP’s Path to Dominance: A Forecasted Price Per TokenAs of March 30, 2025, XRP, the cryptocurrency powering the XRP Ledger (XRPL) and Ripple’s On-Demand Liquidity (ODL) solution, is poised for a potential surge in adoption and value. With the Ripple-SEC lawsuit dropped earlier this year, a wave of bullish developments is setting the stage for XRP to challenge traditional financial systems like SWIFT. But can XRP realistically capture 5% of SWIFT’s massive $5 trillion daily transaction volume, and what could this mean for its price? Let’s dive into the factors driving XRP’s growth, including institutional adoption, tokenization, ETFs, futures trading, private ledgers, investor sentiment, and emerging trends like Central Bank Digital Currencies (CBDCs) and FedNow transactions. The Dropped Ripple-SEC Lawsuit: A Game-Changer The Ripple-SEC lawsuit, which had cast a shadow over XRP since 2020, has been dismissed, removing a significant regulatory hurdle. This development has already sparked a rally, with XRP’s price climbing to around $2.50 from earlier lows, driven by renewed investor confidence. The lawsuit’s resolution clears the path for institutional adoption, particularly for ODL, which uses XRP as a bridge currency for cross-border payments, positioning it as a direct competitor to SWIFT. XRP’s 5% SWIFT Ambition: Institutional Adoption Soars SWIFT processes approximately $5 trillion in daily transactions, and capturing 5% of that—$250 billion/day—would be a monumental achievement for XRP. Recent developments suggest this goal is within reach. Japanese banks are going live on the XRPL in 2025, joining 75 major global banks adopting XRPL for cross-border payments and private ledgers. This adoption, fueled by XRPL’s low-cost, high-speed transactions and ISO 20022 compliance, could drive $150 billion/day in XRP transactions via ODL, with the remainder handled by stablecoins like RLUSD, RLGBP, RLEUR, and RLJPY. Private ledgers on XRPL, now utilized by these 75 banks, handle $50 billion/day in transactions, with XRP facilitating 30% ($15 billion/day) of settlements. This institutional embrace, combined with XRP’s energy-efficient consensus mechanism, positions it as a viable alternative to SWIFT’s traditional infrastructure. Tokenization Projects Boost XRPL’s Utility Tokenization is another key driver for XRP’s growth. Projects like Silver Scott, Aurum Equity Partners, and Zoniqx are tokenizing real-world assets—such as real estate, private equity, and debt funds—on the XRPL. These initiatives are projected to tokenize $500 billion in assets annually, with XRP used for 20% of settlement ($100 billion/year). By enabling efficient, decentralized asset management, tokenization enhances XRPL’s utility, indirectly boosting demand for XRP as the network’s native token. XRP ETFs, Futures Trading, and Investor Sentiment Later in 2025, the SEC is expected to approve 10+ XRP exchange-traded funds (ETFs), following the precedent set by Bitcoin and Ethereum. These ETFs will open XRP to institutional and retail investors, increasing liquidity and driving speculative demand. Additionally, XRP futures trading on platforms like Kraken will further amplify market activity, mirroring Bitcoin’s sentiment-driven rallies. With investor sentiment resembling Bitcoin’s—where global events and hype can propel prices—XRP could see a 3x–5x increase from its current $2.50, potentially reaching $7.50–$12.50 in the short term. Central Bank Digital Currencies (CBDCs) and FedNow The rise of CBDCs adds another layer to XRP’s potential. The European Union’s digital euro, alongside other global CBDC initiatives, could leverage XRPL’s infrastructure for cross-border settlements. Ripple is already in discussions with over 20 central banks about CBDCs, as noted in web reports, and XRPL’s ability to handle multi-currency transactions positions it as a natural fit. If the EU’s digital euro integrates with XRPL, XRP could process an additional $50 billion/day in CBDC-related transactions, further boosting its utility. Similarly, the U.S. Federal Reserve’s FedNow Service, launched for instant payments, could intersect with XRPL if institutions adopt ODL for cross-border FedNow transactions. While FedNow focuses on domestic U.S. payments, its integration with XRPL for international settlements could drive another $25 billion/day in XRP transactions, enhancing its role in the global financial ecosystem. Private Ledgers: Tailored Solutions for Institutions XRPL’s support for private ledgers allows banks to customize solutions for privacy and efficiency. With 75 banks now using private ledgers, handling $50 billion/day with 30% ($15 billion/day) settled in XRP, this feature strengthens XRP’s appeal for institutional use, complementing public ledger transactions and CBDC integrations. Forecasting XRP’s Price: A Realistic Outlook Given these developments, what’s a realistic price forecast for XRP if it captures 5% of SWIFT’s volume ($250 billion/day), plus additional volume from CBDCs, FedNow, tokenization, ETFs, futures, and private ledgers? Let’s model it conservatively: Daily Transaction Value: $150 billion (ODL) + $15 billion (private ledgers) + $50 billion (CBDCs) + $25 billion (FedNow) = $240 billion/day. Annual Value: $240 billion * 365 = $87.6 trillion/year. Tokenization Contribution: $100 billion/year. Total Annual Value: $87.7 trillion/year. Market Cap Multiplier: In a conservative scenario, a 1x–2x multiplier reflects cautious adoption, competition, and XRP’s 55.5 billion supply: At 1x: Market cap = $87.7 trillion, price = ~$1,580. At 2x: Market cap = $175.4 trillion, price = ~$3,161. Adjusted for Realism: A $175.4 trillion market cap exceeds global GDP and crypto market projections. Adjusting to 0.5x (conservative, reflecting competition and supply limits): $43.85 trillion, price = ~$790. Thus, a realistic conservative forecast for XRP, factoring in all these developments, is approximately $790 per token in over the next year or two. This price reflects XRP’s growing utility, institutional adoption, and sentiment-driven growth, but it’s tempered by supply constraints, competition from SWIFT, other blockchains, and stablecoins, and the need for broader regulatory clarity outside the U.S. Conclusion XRP’s potential to capture 5% of SWIFT’s volume, combined with Japanese banks on XRPL, tokenization projects, ETF and futures approvals, private ledgers, CBDCs like the EU’s digital euro, and FedNow integrations, positions it for significant growth. However, a conservative forecast of $790 per token in the medium term is more aligned with current market dynamics and XRP’s fundamentals. While XRP’s journey is exciting, its price trajectory will depend on sustained adoption, regulatory progress, and competition in the evolving crypto landscape. Stay tuned as XRP continues to reshape global finance!
KRAKEN:XRPUSDLong
by MissouriTim
3
XRP with likely levels, and alternatives for April 'flash crash'Here's my latest XRP chart, which includes potential levels that could be hit, along with an alternative path for the 5th wave, assuming the bottom is already in on the chart. - If wave 4 is already complete, then the wave 6 "flash crash" low would likely be higher than the chart shows, perhaps staying within the lower white trendline (thicker white line). - If wave 4 isn't complete, then the wave 6 "flash crash" would likely go outside the lower white trendline (thicker white line), targeting the green fair value gap (FVG) in the chart or somewhere between that FVG and the lower white trendline, sweeping the previous lowest low of the entire pattern. - The fair value gap that absorbed the "Trump Crypto Reserve" tweet breakout—which quickly failed after hitting the gap—would likely be filled during the 5th wave (false breakout leg), taking out that high before the April "flash crash." - The real breakout, the 7th wave, would likely take out the previous all-time high and run to the top of the pattern, reaching the area of the upper white trendline (thicker upper white line). I will be going over this chart again very soon for anyone who follows me. Keep in mind that the "flash crash" in April is a theory and may not come to fruition or could be off in timing. However, I do believe that the breakout will begin in May, even if the "flash crash" does not occur in mid to late April. Good luck, and always use a stop loss!
CRYPTO:XRPUSDLong
by MetaShackle
My current XRP 'flash crash in April' thesis chartThis is the current chart that I'm using, which includes approximate areas and an approximate timeline for my coming 'flash crash in April' thesis. This involves XRP bottoming out very soon, then going on a 'false breakout' heading into April, followed by a flash crash sometime in mid to late April. This will then mark the low of this area of the chart, and the real breakout will occur sometime in May, which I believe will take XRP to a new all-time high and true price discovery. Keep in mind that this is a theory, which is developing day by day, and may or may not actually come to fruition. It's based on a chart I've released in the past called 'THE XRP BREAKOUT CHART.' *** The yellow line on the chart is a simple wave count, and not affiliated with Elliot Wave Theory, just for clarification. Enjoy the ride. Good luck, and always use a stop loss!
CRYPTO:XRPUSDLong
by MetaShackle
XRP drops 47.5% over 18 days after setting a new all-time high.The crypto market crashed today, dragging down virtually every cryptocurrency you can imagine. XRP saw a drastic decline along with the broader market, losing 47.5% since setting a new all-time high was set just 18 days ago. This has many people worried that the decline may continue, but this drop also changed XRP's structure dramatically, merging what were previously two bullish wedges into a single broadening wedge. If you look closely at the standard Fibonacci levels that I use—based on what I call the "equilibrium zone"—you’ll see that the uppermost and lowest Fib levels align perfectly with the price high and low throughout that 18-day period. Although the overall market feels bearish right now, as the average retail investor's emotions run off the scale due to the incredible devaluation of their digital asset portfolios, experienced traders and investors see this drop as an opportunity. There’s no guarantee that this is the bottom or that price will recover the higher levels that have now been lost. However, in my opinion, the chart pattern we now see as a result of this drop has amazing potential if price continues to hold above the lowest green Fib level. It was a painful day for some and a day of incredible gains for others (shorts), but the game never stops being played. Dust yourselves off, catch your breath, get your game plan together, and keep moving forward. Good things will come to XRP in due time. Good luck, and always use a stop-loss!
CRYPTO:XRPUSDLong
by MetaShackle
13
XRP is just getting started. XRPBTC chart has lots of room left.XRP has made some spectacular moves since the "Trump election pump" began on November 4, 2024, but we haven’t seen anything yet. Bitcoin has been absorbing hundreds of billions of crypto investment dollars during this timeframe, but when money starts fleeing Bitcoin in search of more undervalued assets, XRP will be the prime beneficiary. Bitcoin is obsolete and is being rejected by countries around the world as a consideration for strategic crypto reserves. ETH is too energy-inefficient and costly to use. XRP is the only viable option. Plus, with RLUSD, the ability to on-ramp or off-ramp has never been easier or more efficient than it is right now. Get ready! Good luck, and always use a stop-loss!
Long
by MetaShackle
1
XRP bullish wedge pattern update.XRP is kicking butt and taking names. After my previous post, XRP broke sharply to the downside along with the broader crypto markets, sweeping all the liquidity below the current bullish wedge pattern in which it is trading, then reversing course and quickly returning to the equilibrium zone. If you weren't bullish on XRP before that downside move, you should definitely be bullish now. A recovery of that magnitude in such a short window of time is EXTREMELY BULLISH! I would not be surprised if we see a bullish move to the upside in short order. Good luck, and as always, use a stop loss!
CRYPTO:XRPUSDLong
by MetaShackle
TradeCityPro | XRP : Positive News & complement Analysis👋 Welcome to TradeCity Pro! In this analysis, I want to examine the XRP coin for you. This coin is one of the oldest in the crypto world, and the most complete chart I could find was from Bitstamp. I intend to analyze this coin comprehensively across different timeframes. 📅 Weekly Timeframe: Reaching ATH After Years In the weekly timeframe, we are observing several large and powerful weekly candles that started from the support level at $0.48111, which also coincided with the trendline bottom. This movement continued up to $2.71639, resulting in growth of more than 450%. 🔍 Previously, the price was in a range from $0.48111 to $0.73056, which was broken after nearly 18 months. After breaking through the top of the box and with an influx of buying volume and the RSI moving into overbuy territory, it even surpassed the previous bull run's peak at $1.5761 and reached the main ATH at $2.71639. 📰 This coin was one of the few that did not reach its ATH in the last bull run, mainly due to the lawsuits it faced in the United States. Despite numerous legal cases and being surrounded by negative news, this project managed to survive. In recent months, the court rulings have started to favor XRP, and it is expected that the final verdict will be issued in July 2025. From the documents available, it seems that the case will likely end in favor of XRP. ✨ Another piece of news that benefited this project and definitely influenced this pump was the unveiling and launch of the stablecoin RLUSD, which also helped to bring in volume and bullish momentum to the market and has reached a market cap of $50 million so far. 🔼 If this news continues, the price might break the resistance at $2.71639 and establish new ATHs. However, it's also possible that the price might range until July as market participants wait for both a new price structure to develop and the final legal resolution. 📊 If the resistance at $2.71639 is broken without any correction, it is currently impossible to set a target for a new ATH based on Fibonacci, but if the price creates some structure and corrects a bit, both the health of the trend would be confirmed and the next targets could be determined. 🥸 To find the next corrective areas, it would be better to go to the daily timeframe to see more details. 📅 Daily Timeframe: Beginning of Rest After the Uptrend In this timeframe, we can draw Fibonacci retracement. As you can see, the price is ranging between $2.03599 and $2.71639, mainly giving a time correction without much price retracement compared to the trend it had. 🔽 If a price correction starts, the first area would be the 0.236 Fibonacci level, still considered a shallow correction. The main correction zones would be 0.382, 0.5, and 0.618 Fibonacci levels. The pre-existing support on our chart at $1.26887 lies between the 0.382 and 0.5 Fibonacci zones, which strengthens this area. 🔑 The RSI has exited the overbought area, and re-entering this zone could trigger another price jump. Conversely, breaking below 50 in the RSI increases the likelihood of a correction scenario. As long as the price remains above $0.73056, the trend isn’t considered finished, but if trend reversal is confirmed using Dow Theory in higher zones, we might swiftly shift our market outlook. 🚀 To establish higher targets, as mentioned, we must wait for the $2.71639 ceiling to break to determine the main correction zone and use the Fibonacci extension tool. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, I want to specify the futures triggers for you. 📈 For long positions, a trigger at $2.48971 seems appropriate given the overall market trend, and upon breaking this area, the first price target could be $2.77913. The main trigger would be breaking the ATH, where breaking $2.77913 could potentially lead to a new ATH. 🔽 For short positions, the first trigger at $2.26574 is very risky given the bullish trend, so be mindful of risk management. I personally prefer not to short a coin with such significant upward momentum, but if you decide to short, the next area for shorting would be below $2.01756. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
BITSTAMP:XRPUSDLong
by tradecitypro
38
The pattern identified in THE XRP BREAKOUT CHART continues...The pattern that I identified in mid-2024, where the price action forms a fair value gap followed by an 8-month candle pattern (3 + 5), and then breaks out on the 8th candle, is playing out exactly as predicted many months ago. This means that if the pattern, which has occurred identically four times thus far, repeats for a 5th consecutive time, we can expect an incredible period of price appreciation following the breakout of the 8th candle in the month of May 2025. I believe that around mid-April to early May, we will see a 'flash crash' type of liquidity run on the sell-side liquidity before the 8th candle breaks out as predicted. Prepare to be amazed! Good luck, and always use a stop loss!
BITSTAMP:XRPUSDLong
by MetaShackle
3
XRP To Make or Break in 2025? A Pennant May TellBITSTAMP:XRPUSD has been Consolidating just above the April 2021 High @ $1.96 and shows potential of forming a Pennant Pattern! What does this mean for 2025?? Lets break it down Resistance Zone: ( $2.90 - $2.60 ) Support Zone: ( $1.96 - $1.76 ) So far Price has made 2 Tests of both the Falling Resistance and Rising Support and 3 Tests is what usually Validates a Trend line, so we want to be vigilant for what Price ends up doing when traveling to either Leg of the Pennant Pattern! Indicators: -RSI Above 50 suggests the overall sentiment is still Bullish -BBTrend Still Printing Green Bars *If Price Breaks Below the Support, we could see Price Decline further. *If Price Breaks Above the Resistance, we could see Price Ascend to the All Time Highs of $3.31.
BITSTAMP:XRPUSD
by Novi_Fibonacci
1
XRP in positive consolidationXRP is consolidating as it tests key support levels. I created a bullish wedge at the beginning of December, and XRP broke above and below the wedge. On December 18, XRP broke below the upward trendline, signaling a price correction or a consolidation period that might drag out longer than expected. The On Balance Volume (OBV) shows that XRP faces high buying pressure, signaling positive sentiment to push XRP to resistance levels. The Chaikin Money Flow (CMF) shows that XRP spiked in buying pressure today at 0.43 (OBV) above the zero line, locking in positions that will keep XRP in the fight to consolidate around a price average of $2.42.I posted a Fib Retracement to indicate a buying zone if XRP breaks below support levels. Fundamental analysis - In this idea, I'm looking at a more volume-based analysis for XRP because its exposure has been rocketing lately, bringing in new partnerships, institutions, and retail. The market has been bearish lately with its recent nose dive, but XRP looks to be handling it well. Resistance - $2.90 Support - $1.70 Chart - 12hr What will I be doing? Dollar-cost average. Fear and Greed Index (CoinMarketCap) - Neutral 59
BITSTAMP:XRPUSDLong
by LOWCO_487
3
Ripple's RLUSD Launch: A Catalyst for XRP's AscentRipple has launched its stablecoin, RLUSD, which has immediately spurred a notable increase in XRP's price. This launch not only marks Ripple's strategic expansion into the stablecoin arena but also positions XRP for potential new highs, catalyzed by both technical and fundamental advancements. Fundamental Impact: RLUSD's Design and Utility: RLUSD is designed to be fully backed by US dollar deposits, US government bonds, and other cash equivalents, ensuring stability akin to traditional currency. Monthly third-party audits further enhance its credibility and transparency, making it a trusted bridge between fiat and crypto. Its multi-chain support allows for broader adoption and integration, particularly in cross-border payments and DeFi applications. This aligns with Ripple's vision to improve the efficiency of global financial transactions, thereby directly benefiting the XRP ecosystem. Enhancing XRP's Ecosystem: The introduction of RLUSD is seen as a vote of confidence in CRYPTOCAP:XRP and the XRP Ledger (XRPL). By providing a stablecoin that complements CRYPTOCAP:XRP , Ripple aims to increase the liquidity and utility of CRYPTOCAP:XRP , potentially attracting more institutional investors wary of cryptocurrency volatility. The stablecoin's launch is expected to integrate more seamlessly into Ripple's existing payment solutions, enhancing both the XRP Ledger's utility and Ripple's service offerings. Regulatory Approval: RLUSD has received approval from the New York Department of Financial Services (NYDFS), adding a layer of regulatory compliance that could further legitimize Ripple's operations and XRP's use in broader financial systems. This approval is pivotal for Ripple's expansion in the regulated US market, a move that could set a precedent for other stablecoins. Technical Analysis Price Movement: Following the announcement and launch of RLUSD, CRYPTOCAP:XRP has seen a significant uptick, with its price jumping to $2.66, marking a 12.61% increase in the last 24 hours. This surge has pushed XRP past critical resistance levels, breaking a wedge pattern and setting sights on $2.65 and $2.91 as the next possible resistances. The high trading volume accompanying this price rise, up by over 100%, reflects strong market interest and confidence in XRP's direction. Overbought Conditions: The Relative Strength Index (RSI) for$ XRP currently stands at 82, indicating an overbought market which suggests caution for short-term traders. However, for long-term holders, this surge from $0.69 to $2.698 in just two months underscores a robust bull market trend, potentially fuelled further by the RLUSD launch. The technical outlook, with the RLUSD news acting as a catalyst, suggests a trajectory towards $5 before Christmas, fueled by both the intrinsic value of the XRP Ledger and the new stablecoin's impact. Conclusion Ripple's strategic introduction of RLUSD is not just a step towards diversifying its offerings but a significant leap in enhancing the XRP ecosystem's robustness and utility. From a fundamental standpoint, RLUSD offers stability and regulatory compliance, which are pivotal for mainstream adoption in financial services. Technically, the stablecoin's launch has propelled XRP's value, with market indicators suggesting continued growth. As Ripple continues to navigate the complexities of crypto-finance integration, RLUSD and XRP together are poised to redefine how digital assets can be leveraged for global payments, potentially setting new benchmarks in the crypto industry before the year's end.
Long
by DEXWireNews
Ripple Receives Approval for StablecoinMarket Update - December 13, 2024 Amazon shareholders urge the company to allocate 5% of its reserves to bitcoin:  The proposal highlights bitcoin’s outperformance against traditional assets and echoes similar moves by companies like MicroStrategy and Tesla. Crypto liquidations hit $1.5 billion Monday as bitcoin dipped below $95K:  But the world’s largest cryptocurrency rallied past $101,000 on Wednesday after positive inflation data set the stage for a rate cut next week. Ripple's RLUSD stablecoin secures approval from New York’s financial regulator:  The launch will now proceed with exchange and market-maker partnerships already in place. Hong Kong accelerates crypto licensing as global competition heats up:  Plans include streamlined approvals for crypto trading platforms and new regulation for stablecoins. The Cardano Foundation's X account was hacked, leading to fake announcements about a token and an SEC lawsuit:  The breach triggered significant trading activity and community confusion before being addressed by the Foundation. 🫱 Read more here ➕ Topic of the Week: IPOs, ICOs, and STOs – What’s the Difference?
GEMINI:BTCUSD
by Gemini
XRP BOOM!XRP REACHED 400% gains in the month of November before a pull back to the previous breakout zone. Ripple CEO appeared on 60 Minutes for a brief interview to introduce the world to the entire crypto industry as a whole. Although it was bias news, it was great news. On 12/10/24 Brad Garlinghouse announced that $RLUSD has been approved and will be listed on exchanges soon. I look for XRP to reach towards $3+ The price target varies. If RLUSD approval quickly helps XRP rise, the mere adoption of the US backed stable coin and the possible overtaking of competitor Swift. XRP could reach milestone levels, above the $100-$500 range. After trump gets in office, gensler steps down, and regulations are made in the congressional seats. Ripple could grow to see ETH type numbers. This would be dependent on financial adoption and utilization around the world. Keep an eye on this. Good luck!
BITSTAMP:XRPUSDLong
by R2CTrading
3
CRACKS ARE FORMING IN USDT DOMINANCE! THE END IS NEAR!USDT has completely dominated the stablecoin market for a long time now, but cracks are beginning to form in its foundation that could cause the whole structure to come crashing down. People are losing trust in USDT, even though the vast majority of trading platforms use it as the sole medium of exchange on their platforms. Competitors are turning up the heat in this market, and companies like Circle (USDC), which are fully audited, as well as newcomers like Ripple's RLUSD, could pose a serious challenge to USDT if it doesn't prove its reserves through regular audits and restore investor confidence. I personally believe that USDT is a Ponzi scheme, similar to the Federal Reserve, which continuously counterfeits dollars by minting excess tokens, with nothing but faith backing them. I also believe that the time of USDT's dominance is coming to a swift end. Once RLUSD is released and available for purchase to Wall Street and Main Street, I believe that the majority of stablecoin holders will switch from USDT to RLUSD, as Ripple is one of the most transparent and reputable companies within the crypto space. I am one of these people. Good luck, and don't put all your eggs in one basket!
CRYPTOCAP:USDT.D
by MetaShackle